SECTION 102.4. Regular Audits

(a) Regular audits of selected political subdivisions may be performed if the necessary funds and personnel are available to the department.

(b) The department has the discretion to decide how and when to select political subdivisions for regular audits. Regular audits may be performed for any year for which a distribution was made under the agreement.

(c) At the department's discretion, the department may perform the regular audits, contract with outside auditors to perform the regular audits, or contract with another state agency to perform the regular audits.

(d) A regular audit may include a review of any audit or financial statement of the political subdivision performed by persons other than the department. A political subdivision being audited by the department shall make available to the department or its contractor such an audit, financial statement, or other supporting documentation at the department's or its contractor's request.

Source Note: The provisions of this §102.4 adopted to be effective February 3, 2000, 25 TexReg 579; amended to be effective November 20, 2003, 28 TexReg 10225; amended to be effective December 30, 2007, 32 TexReg 9631; amended to be effective October 7, 2012, 37 TexReg 7752